NOT LISTED FOR SALE

490 Sail Ln Unit 301 Merritt Island, FL 32953

Estimated Value: $512,737 - $595,000

3 Beds
2 Baths
2,279 Sq Ft
$551/mo HOA Fee

Last Sold April 11, 2018

Last sale price $430,000 $189 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,909/month

73 Days on Market

Highlights

  • Boat Dock
  • Gated with Attendant
  • River View
  • Fitness Center
  • Heated In Ground Pool
  • Open Floorplan

About This Home

As of April 2018

Below Bank Appraisal- Priced to Sell Quick! Panoramic Direct Riverfront With Miles of Views. High-End Designer Upgrades Throughout. Gated Community. Sunsets, manatees, dolphins, birds & NASA's VAB are on a long list of sensational sights from your wrap around balcony. Watch rocket launches from your private balcony. Thick granite, glass tile back-splash, stainless steel appliances and a floating island set the stage for gourmet cooking. Quality updates in 2012/2013 - include 2 Trane HVAC units, new fixtures and fans, flooring, appliances and completely updated baths with Toto toilets, frame-less showers & new fixtures. Storm Shutters. Enjoy 2 pools, 2 hot tubs, a sauna, fitness center, basketball & tennis courts. Quick Drive to the Ocean + Easy Access to Orlando airport.

Last Agent to Sell the Property

Barbara Zorn

Better Homes & Gardens RE Star License #434043 Listed on: 01/09/2018

Better Homes & Gardens RE Star

Last Buyer's Agent

Jane Velluto-Huber

Daignault Realty Inc License #3324617

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,661

Year Built

  • Built in 2005

Lot Details

  • River Front
  • Southeast Facing Home

HOA Fees

  • $551 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Concrete Siding
  • Asphalt
  • Stucco

Interior Spaces

  • 2,279 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Great Room
  • Tile Flooring
  • River Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Balcony

Schools

  • Mila Elementary School
  • Jefferson Middle School
  • Merritt Island High School

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-36-35-34-00000.0-0001.11

Community Details

Overview

  • Association fees include cable TV, security, sewer, trash, water
  • Island Pointe Condo Ph 1B Subdivision
  • Maintained Community
  • Car Wash Area
  • 7-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Secure Lobby

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Jogging Path

Pet Policy

  • Pet Size Limit

Security

  • Gated with Attendant
  • Secure Elevator
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,661

Year Built

Built in 2005

Lot Details

0

HOA Fees

$551 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Reso Property Sub Type: Condominium
  • Road Surface Type: Asphalt
  • Reso View: River, Water
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Gated with Guard, Secured Elevator, Secured Lobby
  • Reso Association Amenities: Basketball Court, Boat Dock, Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Jogging Path, Maintenance Grounds, Maintenance Structure, Management - Full Time, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Reso Association Fee Includes: Cable TV, Security, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Island Pointe Condo Ph 1B
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-36-35-34-00000.0-0001.11
  • Location Tax and Legal Elementary School: Mila
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 4660.62
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 2279.0
  • General Property Information Lot Size Acres: 0.04
  • General Property Information Lot Size Square Feet2: 1742.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: Southeast
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Great Room: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Laundry: Yes
  • General Property Information Stories Total: 7
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • Pool Features Electric Heat: Yes
  • Security Features Gated with Guard: Yes
  • Levels MultiSplit: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile
  • Spa Features: Bath
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 7
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: Community, Electric Heat, In Ground
  • Roof: Other
  • Acres: 0.04
  • Waterfront Features: River Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Direction Faces: Southeast
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Garage, Garage Door Opener, Guest, Underground
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Underground2: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric, Hot Water
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 551.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 551.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Sauna2: Yes
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Security: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Car Wash Area: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 1742.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2458418
  • Parcel #: 24-36-35-34-00000.0-0001.11
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4660.62

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2018
Closed on
Apr 11, 2018
Sold by
Schuster Gloria J
Bought by
Schlemmer Roy R and Schlemmer Patricia J
Seller's Agent
Barbara Zorn
Better Homes & Gardens RE Star
Buyer's Agent
Jane Velluto-Huber
Daignault Realty Inc
List Price
$525,000
Sold Price
$430,000
Premium/Discount to List
-$95,000
-18.1%
Current Estimated Value
$555,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,934
Avg. Annual Appreciation
4.28%

Purchase Details

Closed on
Apr 28, 2011
Sold by
Wells Jeffrey W and Wells Patrick W
Bought by
Schuster Gloria J

Purchase Details

Closed on
Jun 1, 2005
Sold by
Towne Development Of Island Pointe Inc
Bought by
Wells Jeffrey W and Wells Patrick W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,720
Interest Rate
5.35%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schlemmer Roy R $430,000 East Coast Title
Schuster Gloria J $280,000 Attorney
Wells Jeffrey W $460,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlemmer Roy R $100,000
Previous Owner Schuster Gloria J $200,000
Previous Owner Wells Jeffrey W $368,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2018 04/11/18 Sold $430,000 -8.3% $189 / Sq Ft
03/24/2018 03/24/18 Pending -- -- --
02/06/2018 02/06/18 Price Changed $469,000 -5.3% $206 / Sq Ft
01/18/2018 01/18/18 Price Changed $495,000 -5.7% $217 / Sq Ft
01/09/2018 01/09/18 For Sale $525,000 -- $230 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,439 $266,100 $0 $0
2022 $3,213 $258,350 $0 $0
2021 $3,358 $250,830 $0 $0
2020 $3,295 $247,370 $0 $0
2019 $3,263 $241,810 $0 $0
2018 $4,542 $327,150 $0 $327,150
2017 $4,661 $324,090 $0 $0
2016 $4,758 $317,430 $0 $0
2015 $4,749 $252,890 $0 $0
2014 $4,336 $229,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barbara Zorn

    Seller's Agent in 2018

    Barbara Zorn

    Better Homes & Gardens RE Star

    (321) 537-6262

    35 in this area

    375 Total Sales

    Barbara Zorn
    Section Image

  • J

    Buyer's Agent in 2018

    Jane Velluto-Huber

    Daignault Realty Inc

    Section Image
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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 802058

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-34-00000.0-0001.11

Florida Brevard County Merritt Island 32953

490 Sail Ln Unit 301, Merritt Island, FL

This home is located at 490 Sail Ln Unit 301, Merritt Island, FL 32953 since 09 January 2018 and is currently estimated at $555,934, approximately $243 per square foot. This property was built in 2005. 490 Sail Ln Unit 301 is a home located in Brevard County with nearby schools including Mila Elementary School, Thomas Jefferson Middle School, and Merritt Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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